Description
BSE announces listing of equity shares issued under employee stock option plans by 12 companies, effective November 18, 2025.
Summary
BSE has announced the listing and admission for trading of further equity shares issued under Employee Stock Option Plans (ESOP/ESOS) by 12 companies, effective from Tuesday, November 18, 2025. The total shares being listed include 2,651,417 shares from SBFC Finance Limited (highest) and 1,925,750 shares from Suzlon Energy Ltd, among others. All shares have no lock-in period.
Key Points
- 12 companies listing additional equity shares under ESOP/ESOS schemes
- Total shares across all companies: approximately 5.3 million shares
- Effective trading date: November 18, 2025
- No lock-in period applicable to any of the listed shares
- Notice Number: 20251117-39
- Companies span diverse sectors including finance, pharmaceuticals, insurance, technology, and energy
Company-Wise Details
Large Issuances (>1 million shares)
- SBFC Finance Limited (543959): 2,651,417 shares, Face Value ₹10
- Suzlon Energy Ltd (532667): 1,925,750 shares, Face Value ₹2
- Sequent Scientific Limited (512529): 1,186,700 shares, Face Value ₹2
Medium Issuances (100,000 - 1 million shares)
- Sai Life Sciences Limited (544306): 249,969 shares, Face Value ₹1
Smaller Issuances (<100,000 shares)
- Tracxn Technologies Limited (543638): 61,871 shares, Face Value ₹1
- Nippon Life India Asset Management Limited (540767): 57,654 shares, Face Value ₹10
- CreditAccess Grameen Ltd (541770): 41,537 shares, Face Value ₹10
- Onesource Specialty Pharma Limited (544292): 36,920 shares, Face Value ₹1
- Quick Heal Technologies Limited (539678): 32,205 shares, Face Value ₹10
- EPL Limited (500135): 24,600 shares, Face Value ₹2
- Go Digit General Insurance Limited (544179): 18,041 shares, Face Value ₹10
- Tube Investments of India Ltd (540762): 10,960 shares, Face Value ₹1
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification under existing ESOP/ESOS framework.
Compliance Requirements
- Trading members are informed to update their systems for the new securities
- Companies must ensure proper disclosure of diluted share capital
- Standard listing compliance requirements apply
Important Dates
- Notice Date: November 17, 2025
- Effective Trading Date: November 18, 2025
- Lock-in Period: Not Applicable (NA) for all companies
Impact Assessment
Market Impact: Low. ESOP listings are routine corporate actions representing employee compensation. The share quantities represent minor dilution for most companies relative to their existing share capital.
Liquidity Impact: Minimal immediate impact expected as ESOP shares are typically held by employees rather than immediately traded.
Investor Impact: Existing shareholders may experience marginal dilution, but this is expected corporate behavior for companies with active employee incentive programs.
Notable: SBFC Finance’s 2.65 million shares and Suzlon Energy’s 1.93 million shares are the largest issuances and may warrant monitoring for any significant trading activity post-listing.
Impact Justification
Routine ESOP share listings with no lock-in period. Minor dilution across 12 companies with no material market impact expected.